My realtor just informed me of 2 opportunities but I think they are way too big for my pockets.
First Deal: 22 unit 2bed/1bth student apartment complex on ISU campus. The Annual NOI is $135K and the asking price is $1,750,000.
Second Deal: 3-12 unit student apartment complex. Each unit has 1bed/1bth. The Net Operating Income is $88,139.
Any ideas on where to start with these or should I just forget about them and move on? Any advice would be greatly appreciated.